Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026)

Plains Gp Holdings' (PAGP) quarterly Tax Rate came in at 64.86% in Q1 2026, up 5662.0% year-on-year from 1.13% in Q1 2025, and up 1201.35% on a QoQ basis from 4.98% in Q4 2025.

Plains Gp Holdings (PAGP) Tax Rate (2012 - 2026) Analysis & Trends

Plains Gp Holdings (PAGP) has 15 years of Tax Rate data on file, last reported at 64.86% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 5662.0% year-over-year to 64.86% in Q1 2026; TTM through Mar 2026 was 19.61%, a 443.0% increase from a year earlier, with the FY2025 full-year figure at 6.59%, down 628.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 64.86%, up from 4.98% in the prior quarter.
  • Over the last five years, Tax Rate for PAGP reached as high as 86.67% in Q4 2024 and fell as low as 0.44% in Q2 2025.
  • Historically, Tax Rate has averaged 19.67% across 5 years, with a median of 10.17% in 2022.
  • Across the five-year window, Tax Rate surged 7308 bps in 2024 and plunged 8168 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 58.12% in 2022, then tumbled by 77 bps to 13.59% in 2023, then jumped by 538 bps to 86.67% in 2024, then tumbled by 94 bps to 4.98% in 2025, then surged by 1201 bps to 64.86% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 64.86% in Q1 2026, 4.98% in Q4 2025, and 6.55% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 Plains Gp Holdings 5.25 Bn 5.07 Bn 977.00 Mn 64.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 64.86%
Mar 31, 2026 64.86%
Mar 31, 2026 64.86%
Dec 31, 2025 4.98%
Dec 31, 2025 4.98%
Dec 31, 2025 4.98%
Sep 30, 2025 6.55%
Sep 30, 2025 6.55%
Sep 30, 2025 6.55%
Jun 30, 2025 0.44%
Jun 30, 2025 0.44%
Jun 30, 2025 0.44%
Mar 31, 2025 8.25%
Mar 31, 2025 8.25%
Mar 31, 2025 8.25%
Dec 31, 2024 86.67%
Dec 31, 2024 86.67%
Dec 31, 2024 86.67%
Sep 30, 2024 1.95%
Sep 30, 2024 1.95%